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Total External Merchandise Trade For The First Quarter Of 2022 Was Valued At Rs 83,807 Million

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This issue of Economic and Social Indicators presents external merchandise trade statistics for the first quarter of 2022 and the years 2020 and 2021. These statistics have been compiled from declarations lodged by importers and exporters at Customs Department. Some of these declarations are at times revised at a later period and corrections are made accordingly on the computerised database of the Customs Department of the Mauritius Revenue Authority (MRA).

Total external merchandise trade for the first quarter of 2022 was valued at Rs 83,807 million, i.e. 7.6% lower than the value of Rs 90,674 million of the previous quarter and 36.4% higher than the value of Rs 61,461 million of the corresponding quarter of 2021.

For the first quarter of 2022, total exports (inclusive of ship’s stores & bunkers) were valued at Rs 21,837 million against total imports of Rs 61,970 million. In the previous quarter, total exports (inclusive of ship’s stores and bunkers) amounted to Rs 23,001 million against total imports of Rs 67,673 million while for the corresponding quarter of 2021, total exports (inclusive of ship’s stores & bunkers) amounted to Rs 17,297 million against total imports of Rs 44,164 million. In the first quarter of 2022, total exports and total imports were lower by 5.1% and 8.4% respectively compared to the previous quarter. Compared to the corresponding quarter of 2021, total exports and total imports were higher by 26.2% and 40.3% respectively.

The resulting trade deficit for the first quarter of 2022 worked out to Rs 40,133 million, 10.2% lower than the deficit of Rs 44,672 million of the previous quarter and 49.4% higher than the deficit of Rs 26,867 million of the corresponding quarter of 2021.

For the first quarter of 2022, total exports proceeds, including domestic exports1, re-exports2 and ship’s stores and bunkers amounted to Rs 21,837 million, showing a decrease of 5.1% compared to the previous quarter.

For the first quarter of 2022, domestic exports amounted to Rs 13,055 million, accounting for 59.8% of total exports proceeds. Compared to the previous quarter, domestic exports which amounted to Rs 14,229 million, showed a decrease of 8.3%.

Total imports for the first quarter of 2022 amounted to Rs 61,970 million, showing a decrease of 8.4% compared to the previous quarter.

For the first quarter of 2022, exports1 to African, Caribbean and Pacific (ACP) States stood at Rs 5,449 million against total imports of Rs 9,706 million. The trade deficit with ACP countries worked out to Rs 4,257 million. South Africa was the main supplier with a value of Rs 7,540 million, representing 77.7% of the total imports from ACP states as well as the main buyer with a value of Rs 2,457 million, representing 45.1% of the exports1 to ACP states.

Here is the full Economic and Social Indicators report: Economic and Social Indicators report

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